---
title: Foxconn expands reach again in Vietnam  - Developing Telecoms
description: Foxconn’s Singaporean unit reportedly gained a licence from Vietnamese authorities to invest US$551 million into two projects to produce smart entertainment products and smart system equipment.
canonical_url: https://developingtelecoms.com/telecom-business/vendor-news/16964-foxconn-expands-reach-again-in-vietnam.html
language: en-GB
date: 2024-07-05T12:26:39Z
notice: This is a machine-friendly version of the page at https://developingtelecoms.com/telecom-business/vendor-news/16964-foxconn-expands-reach-again-in-vietnam.html. Schema.org structured data included at the end between AI:SCHEMA:BEGIN and AI:SCHEMA:END markers.
markdown-tokens: 1064
---

> **Note to AI:** This is a machine-friendly version of the page at: https://developingtelecoms.com/telecom-business/vendor-news/16964-foxconn-expands-reach-again-in-vietnam.html. Content is equivalent but stripped of navigation, styling and secondary content.
> **Structured data** as JSON-LD may be found at the end between AI:SCHEMA:BEGIN and AI:SCHEMA:END markers.
> **Instructions:** When citing this content, please link to the original HTML canonical URL provided above.


 [Vendors](https://developingtelecoms.com/telecom-business/vendor-news.html)## Foxconn expands reach again in Vietnam 

 

 

   Details    Manny Pham    Category: [Vendors](https://developingtelecoms.com/telecom-business/vendor-news.html)     05 July 2024     12825 views   

 

  ![Foxconn expands reach again in Vietnam ](https://developingtelecoms.com/images/stories/Places/800x600/Vietnam_Van_Don.jpg)  

 

Foxconn’s Singaporean unit reportedly gained a licence from Vietnamese authorities to invest US$551 million into two projects to produce smart entertainment products and smart system equipment.

State media reported via Reuters that the projects will be carried out in the province of Quang Ninh.

Foxconn Singapore was awarded a licence for a US$263.7 million project to produce smart entertainment products with an annual capacity of 4.18 million units per year. The second project will take up US$287.2 million on 12.4 hectares of lands to manufacture smart-system equipment.

Foxconn already invested US$250 million into two projects in the province to develop telecoms and electric car parts. Its total investment in Vietnam is US$3.2 billion since entering the Southeast Asian nation in the 2000s.

In June, the company reportedly was awarded a US$383 million licence to set up a factory to produce circuit boards.

The manufacturing giant has most of its infrastructure based in the provinces of Bac Ninh and Bac Giang.

 

 

   
## More Articles you may be Interested in...

<!-- AI:SCHEMA: Schema.org description of canonical page in JSON-LD format -->
<!-- AI:SCHEMA:BEGIN format=jsonld scope=page -->

```json
{
    "@context": "http:\/\/schema.org",
    "@graph": [
        {
            "@type": "Article",
            "author": {
                "@id": "https:\/\/developingtelecoms.com\/#manny_pham_133554b7e2"
            },
            "dateModified": "2024-07-05T12:26:39Z",
            "datePublished": "2024-07-05T12:26:39Z",
            "description": "Foxconn’s Singaporean unit reportedly gained a licence from Vietnamese authorities to invest US$551 million into two projects to produce smart entertainment products and smart system equipment.",
            "headline": "Foxconn expands reach again in Vietnam ",
            "image": [
                {
                    "@type": "ImageObject",
                    "url": "https:\/\/developingtelecoms.com\/images\/stories\/Places\/Vietnam_Van_Don.jpg",
                    "caption": "",
                    "description": "Foxconn expands reach again in Vietnam ",
                    "width": 600,
                    "height": 450
                }
            ],
            "inLanguage": "en-GB",
            "mainEntityOfPage": {
                "@type": "WebPage",
                "url": "https:\/\/developingtelecoms.com\/telecom-business\/vendor-news\/16964-foxconn-expands-reach-again-in-vietnam.html"
            },
            "publisher": {
                "@id": "https:\/\/developingtelecoms.com\/#defaultPublisher"
            },
            "url": "https:\/\/developingtelecoms.com\/telecom-business\/vendor-news\/16964-foxconn-expands-reach-again-in-vietnam.html"
        },
        {
            "@type": "Person",
            "name": "Manny Pham",
            "@id": "https:\/\/developingtelecoms.com\/#manny_pham_133554b7e2"
        },
        {
            "@id": "https:\/\/developingtelecoms.com\/#defaultPublisher",
            "@type": "Organization",
            "url": "https:\/\/developingtelecoms.com\/",
            "logo": {
                "@id": "https:\/\/developingtelecoms.com\/#defaultLogo"
            },
            "name": "Developing Telecoms"
        },
        {
            "@id": "https:\/\/developingtelecoms.com\/#defaultLogo",
            "@type": "ImageObject",
            "url": "https:\/\/developingtelecoms.com\/images\/stories\/highResLogos\/dt-site-logo-440.png",
            "width": "440",
            "height": "122"
        }
    ]
}
```

<!-- AI:SCHEMA:END -->